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Revenue Boost Offers Hope

Higher-than-expected state revenue collections offer hope that the Pennsylvania General Assembly may support the restoration of some of the Medical Assistance cuts included in Governor Tom Corbett’s proposed FY 2013 state budget.
The state’s revenue shortfall for the year was projected to be more than $700 million, but by the end of April, unexpectedly strong revenues have reduced the current shortfall to less than half that amount with only two months left in the state’s fiscal year.  The restoration of proposed spending cuts has always hinged this year on better-than-anticipated collections, so the state’s strong revenue picture may free up enough money for some restoration – including, possibly, of some proposed Medicaid spending cuts.
Restoration would benefit Pennsylvania’s high-volume Medicaid providers and its 57 private safety-net hospitals.
Read more about the state’s revenue picture and its implications for the governor’s proposed budget and the prospect of some Medical Assistance spending cut restoration in this Pittsburgh Post-Gazette articleFinancial paperwork.

2012-05-03T06:00:59+00:00May 3rd, 2012|Pennsylvania state budget issues|Comments Off on Revenue Boost Offers Hope

Jobs, Jobs, Jobs

Safety-net hospitals fulfill a vital role as employers in Pennsylvania’s economy.  SNAP’s latest research found that safety-net hospitals employ more people in comparison to other hospitals, pay better wages than non-hospital jobs across the commonwealth, and provide an important measure of economic stability in communities across Pennsylvania.
At a time when cuts have been proposed in Pennsylvania’s Medical Assistance program, it is important that state policy-makers understand how reducing such spending could undermine the economies in already-troubled communities across the state.  Take a closer look at the impact of Pennsylvania’s safety-net hospitals on the state’s economy in the SNAP report “Pennsylvania’s Safety-Net Hospitals:  Vital Providers, Vital Employers.

2012-04-24T14:15:47+00:00April 24th, 2012|Pennsylvania state budget issues, Uncategorized|Comments Off on Jobs, Jobs, Jobs
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